Can You provide explanation

3 surategic options, which of these would you regard as a call option? Calculating payoffs (LO20.81 Use the following option quote to answer the questions below. 18 Dec 20XX Weasel Ltd Last sale price $16.00 CALLS-LAST July Aug 48 cents 72 cents Strike price $16.00 Jun 36 cents Jun PUTS-LAST July 27 cents 24 cents Aug 32 cents a b Suppose you buy 100 July $16.00 call contracts. How much will you pay, ignoring commissions? In part (a), suppose that Weasel is seling for $20 per share on the expiration date. What are your options worth? Suppose you buy 20 of the Aug 20XX put contracts. What is your maximum gain? On the expiration date, Weasel is selling for $15.00 per share. What are your options worth? In part (c), suppose you sold your 20 Aug put contracts. What is your net gain or loss if Weasel is selling for $13.00? For $18? What is the break-even price, that is, the share price that results in a profit of zero? d